Coldwater Creek cuts 65 positions, saves $6M/year

Coldwater Creek plans to save approximately $6 million pre-tax annu­ally by eliminating 65 jobs, in an effort to refine the focus of the brand, prod­ucts and customer relations.

The company would not comment beyond a statement, which read in part, “The company is evolving from one that has successfully focused on its service op­erations and channels of distribution to a brand that is more intensely focused on their products and customer experience.”

The move eliminated positions across several of the company's facilities. Specifically, the company laid off 51 people at its corporate headquarters in Sandpoint, ID, six in Coeur d'Alene, ID, two each in Seattle and New York, and four in other locations.